The job of managing grants and subgrants can be made a lot simpler and less burdensome when unnecessary red tape can be cut. Because of important flexibility concepts that the federal government has built, such as “differential accountability,” “expanded authorities” and “low risk,” it is possible for an awarding agency to agree with a recipient or subrecipient to tailor an award to waive certain requirements and permit certain actions without asking federal permission.

This authoritative session will capture the requirements where agreement options exist and deliver the details and citations that can be used in asking for a more tailored fit. And it will highlight the practicalities of how to do it — timing, tone and rationale. On Oct. 18, attendees will learn about:

The “lingo” of flexibility — prior approvals, waivers and extensions

Options for meeting matching and cost sharing

Alternative uses of program income

Programmatic changes

Budgetary modifications

Funds carry-over and “no cost” extensions

Cost allowability approvals

Reporting flexibility

When and how to make requests

The webinar will be presented by Bob Lloyd, a respected authority on policies and practices affecting the award, administration and oversight of federal grants, contracts and subawards. Mr. Lloyd has nearly 40 years of experience in federal award implementation. Prior to starting his management consulting practice in Washington, D.C., in 1982, he served as the executive director of the Grants Management Advisory Service and held staff positions in two large federally funded organizations. Since then, he has been a consultant, trainer or advisor to award and audit units in sixteen federal award-making departments and agencies, and to recipient and subrecipient organizations and their professional advisors located in all 50 states, the District of Columbia, several U.S territories and 18 foreign countries. He is the principal author of several reference works on federal grants management and audits, and currently serves as contributing editor to Federal Grants News and Federal Auditing News, published jointly by Atlantic Information Services, NACUBO and NCURA. He also is a Charter Life Member of the National Grants Management Association and served on its Board of Directors for five years.

Attendees of the Live Webinar Can Earn Up to 1.5 CPE Credits

Federal Fund Management Advisor is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: http://www.learningmarket.org.

Federal Fund Management Advisor is an organization that sponsors Federal Funding webinars and delivers free Federal Funding E-Strategies. Go to http://www.FederalFundManagement.com to read the latest E-Strategy, “Beware of Making ‘False Claims’ When Asking for a Federal Grant.”